Edrington Leases 25390 Square Feet At 27 W 23rd St New York From Rosen Group
27 W 23rd St, New York, NY, 10010
$65
$65/SF
Building Size
25,390 SF
Asset Type
Office
Closing
Oct 4, 2017
AI
The property involved in this lease transaction is located at 27 W 23rd St, New York, NY, 10010. It is situated in the New York market and has a total square footage of 25,390 square feet, with a rental rate of $65 per square foot.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 27 W 23rd St, New York, NY, 10010
- Market: New York
- Tenant: Edrington
- Landlord: Rosen Group
- Tenant's Rep: Greg Flood-Isaacs and Company, Joel Isaacs
- Landlord's Rep: Daniel Breiman
The deal features notable representatives from both the tenant and landlord sides. Greg Flood-Isaacs and Company, led by Joel Isaacs, represents the tenant, Edrington, while the landlord, Rosen Group, is represented by Daniel Breiman.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
244046.15%
Cash-on-Cash
-69749.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93